What is Ashland Cold Storage?
Ashland Cold Storage operates as a key provider of local transportation and logistics services within the Chicago metropolitan area, primarily through its Ashland Logistics (ASLO) division. Leveraging over three decades of industry experience, the company offers comprehensive transportation solutions, including in-house carrier services and ICC Property Brokers Authority for nationwide freight movement. ASLO's capabilities extend beyond managing product in and out of Ashland Cold Storage, providing flexible third-party logistics support and facilitating consolidated or pool shipping programs through established industry contacts.
How much funding has Ashland Cold Storage raised?
Ashland Cold Storage has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Ashland Cold Storage?
The recent major strategic investment signals a pivotal growth phase for Ashland Cold Storage. This capital is expected to fuel further expansion of its logistics network and enhance its service offerings, solidifying its position in the competitive Chicago transportation market. The company's ability to leverage its existing infrastructure and industry relationships, combined with this new financial backing, positions it for sustained development and increased market penetration.
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